Answer:
$15 per backpack
Explanation:
The average variable cost per of producing a backpack by using the high low method is shown below:
Variable cost per backpack = (High total cost - low total cost) ÷ (High backpack produced - low backpack produced )
= ($110,000- $87,500) ÷ (4,000 backpack produced - 2,500 backpack produced )
= $22,500 ÷ 1,500 backpack produced
= $15 per backpack
Answer:
$13,300
Explanation:
The cost of improvement should be depreciation over the lower of - remaining lease term or estimated useful life of improvement
.
In our case, the lease number of years is shorter than the estimated life of improvement.
So, the cost will be depreciation for 5 years.
Hence, the amount to be recorded for first year:
= cost for improving leased office space ÷ Years remaining on lease
= 66,500 ÷ 5
= $13,300
Therefore, the amount of expense that should be recorded the first year related to the improvements is $13,300.
Answer:
the number of units started and completed in June is 24,900 units
Explanation:
The computation of the number of units started and completed in June is shown below;
= Opening work in process inventory + transferred units - ending work in process units
= 12,300 units + 16,900 units - 4,300 units
= 24,900 units
hence, the number of units started and completed in June is 24,900 units
Answer:
b. Face value plus unamortized premium
Explanation:
When bonds are sold for more than their face value, such bonds are to be sold on <em>premium. </em>Mean that the in addition to the face value, an unamortized premium has been paid.
Such cases arises when the coupon payments made by bond are greater than the market rates.
Example: Let's say Samsung issues bonds at<u> 1</u><u><em>0% coupon rate for 5 years</em></u> bond while the market rate for the same <em><u>5 year bond is 8%</u></em>. The Samsung is said to have sold the bond on <u>premium.</u>
Answer:
Future value of amount will be $354182.711
So option (C) will be the correct option
Explanation:
We have given present value 
Rate of interest r = 18 %
Time t = 30 years
As interest is paid quarterly so
Rate of interest 
And time period = 30×4 = 120
Future value is given by 
So future value of amount will be $354182.711
So option (C) will be the correct option
